What Kinds of Car Insurance Claims Are There?

If you’ve been in an accident you already know the hassle of filing a claim to try to get your car repaired, but knowing what types of insurance claims are out there, and what options are available to you, can take some of the stress out of the situation. The experts at Indy Car Financing have compiled a list of the most common types of insurance available. Have a look, and then come see us when you’re ready to finance your new replacement.

What Are the Main Types of Car Insurance?

There are a number of types of insurance policies available for drivers to purchase; knowing what the at-fault party is likely to have will make filing a claim easier:

• Liability – Liability covers you if you are in an accident and you are at fault. Liability will cover property repairs and medical care for injuries as a result of the accident.
• No-Fault – No-fault insurance is available in select areas and covers you for damage to your vehicle regardless of who is responsible for an accident.
• Gap – Gap insurance covers the difference between the current market value of your vehicle and the amount you have financed.
• Unprotected Motorist – Uninsured motorist protection covers you should you be involved in an accident where the other party is missing or has insufficient insurance.
• Collision – Collision insurance covers the cost of repairs resulting from an accident or, if the repairs exceed the value of the vehicle, will compensate you for the value of your vehicle.
• Comprehensive – Comprehensive insurance covers your vehicle for theft, weather damage, and other non-accident related damages and is required if another party holds your title.
• Personal Injury – Personal injury protection pays the medical expenses for yourself and your passengers for any injuries that are the result of an automobile accident.

Planning on Getting a New Car? Let Indy Car Help

Regardless of whether you want to upgrade your ride, or you need a new car because of a recent accident and insurance claim, count on the experts at Indy Car Financing to help. Our knowledgeable credit counselors can help walk you through your car purchase from start to finish and get you a great low rate regardless of your credit history.

Find Your Next Car Through Indy Car Financing Today

Learn about the types of car insurance available to you near Speedway and Indianapolis, then come see us at 5252 W 38^th St in Indianapolis or contact Indy Car Financing at (855) 468-6215 to talk to a finance expert today.

Apply for Financing Have Other Questions? Contact Us